Iraqi Kurdistan Region’s authorities said Sunday that tourism activity in the autonomous region has been brought to a total halt coinciding with border closures and air embargos imposed over the region’s recent referendum on independence from Iraq.11/10/2017

The Central Bank of Iraq (CBI) currency auction on October 8 registered $159,409,405 in sales, a 0.57% volume increase from the US $158,513,357 sold by Iraqi Dinar, credit and transfer at the previous auction held on October 5.08/10/2017

Oil import from Iraq has risen to 31.5% for India in July from a month ago, shipping data showed, allowing the country to retain the top supplier spot for the fourth consecutive month amid declines from sellers such as Venezuela and Iran.14/08/2017

UK-based oilfield services company Petrofac has secured a new contract and the extension of an existing deal to provide engineering services for two international oil companies (IOCs) in Iraq, with an aggregate value of $100m.09/08/2017

A contract has been bagged by Baker Hughes from Iraqi government for developing advanced solutions for flare gas at the Nassiriya and Al Gharraf oilfields using its modular gas processing technology.22/07/2017

On last Tuesday, oil prices rose slightly as Saudi exports fell and solid demand soaked up some of what is seen as an oversupplied market, but Ecuador's decision to opt out of an OPEC-led supply reduction pact complicated the outlook.22/07/2017

In Canada, a court has issued a warrant for the seizure of hundreds of thousands of barrels of oil reportedly originating from the Kurdistan Region in a tanker recently seen off North America's eastern seaboard. A court in Halifax, Canada, has recorded a “warrant for the arrest of the cargo of 721,915 barrels of crude oil abroad the M/T [motor tanker] Neverland,” on June 29, 2017. 07/07/2017

As the initial phase of the new Karbala International Airport (KIA) becomes operational, a major addition to the Middle East’s portfolio of airports will appear as early as 2018. The airport will be situated on the outskirts of Karbala, about 60 KM southwest of Baghdad and about 40 KM north of Najaf. It is expected to be particularly used for religious tourism traffic.07/07/2017

In Baghdad, Iraqis recall first anniversary of devastating ‘Karrada bombing’ that killed more than 300 people. This was the deadliest attack on the country since 2003. In one year, much of the damage has been repaired, but a massive banner bearing images of the victims still hangs at the site, and the psychological wounds inflicted by the fear and loss are far from healed.07/07/2017

On last week, State Department Spokesperson Heather Nauert described the referendum on Kurdish independence as “an internal Iraqi matter.” This has come up as a clear indication that the stand towards Kurdish independence is gradually shifting.04/07/2017

Amidst airstrikes on the last pockets of territory held by the Islamic State group in Mosul, hundreds of civilians are fleeing. A large portion of them are badly injured and obviously they require quality medical attention. 04/07/2017

After a long time of rising flaring in Iraq, political unrest in the country causes major damages in the initiative. However, with new investment, things are getting improved further. Senior government advisor Thamir Ghadhban said that three new gas processing plants in southern Iraq will significantly reduce gas flaring at the nation’s sprawling oilfields. Work by producers during 2016 may have reversed the recent steep increase.02/07/2017

About three years earlier, 800 jihadist fighters in northern Iraq were poised to become new global threats. Having taken over Mosul, Iraq's second largest city, the extremists proclaimed the birth of their so-called "Islamic State".01/07/2017